T-Mobile Buys 700 MHz Spectrum from Verizon
Verizon has agreed to sell T-Mobile $3 billion worth of its 700 MHz radio spectrum licenses. The licenses were purchased from the FCC in 2008 but have sat unused since then. They cover the "A" block of the lower 700 MHz band, used by phones with LTE band 12. The licenses cover 21 of the top 30 markets, including New York, Los Angeles, Dallas, Houston, Philadelphia, Atlanta, Washington D.C., and Detroit. T-Mobile already has A-block licenses for Boston. The transaction will give T-Mobile 700 MHz A-block spectrum covering a total of 158 million people. T-Mobile hopes to launch 700 MHz service and phones by the end of 2014. Verizon will retain its upper 700 MHz C-block spectrum and continue offering LTE service in that band. T-Mobile will pay Verizon $2.365 billion in cash for the new spectrum, plus the trade of certain AWS (1700 MHz) and PCS (1900 MHz) spectrum licenses worth approximately $950 million.
T-Mobile Trying to Block AT&T's 700 MHz Purchase
T-Mobile has filed a petition with the FCC in an attempt to prevent AT&T from purchasing select 700 MHz spectrum licenses. AT&T filed a request to transfer the licenses, which cover portions of Kentucky, Ohio, and West Virginia, last month.
FCC Says AT&T Can Buy 700 MHz Licenses from Peoples
The FCC has approved AT&T's request to purchase two Lower 700 MHz C Block licenses from Peoples Wireless in Texas. The transaction gives AT&T 24 MHz of contiguous, paired Lower 700 MHz spectrum in two cellular market areas.
AT&T Ditching its Band 71 Licenses
AT&T is selling $1 billion worth of recently-acquired radio spectrum licenses to an obscure Virginia company, according to documents filed recently with the FCC. The spectrum in question is all (or nearly all) of the 600 MHz (band 71) licenses that AT&T acquired in an FCC auction just one year ago.
C Spire Looking to Nab 700MHz Spectrum
C Spire Wireless is hoping to buy some Lower 700 MHz C Block spectrum from Waller Wireless. The companies recently filed the request with the FCC.
T-Mobile to Buy Chicago-Area Spectrum to Boost Coverage
T-Mobile today said it has agreed to buy 700 MHz spectrum from Leap in order to bring its "extended-range LTE" coverage to the Chicago metropolitan area. Specifically, T-Mobile is snagging A-Block 700 MHz spectrum covering Chicago, Elgin, Joliet, Waukegan, Evanston, Naperville, Aurora, Gary, Rockford, De Kalb, Janesville, Bloomington, Normal, Kankakee, Kenosha, and others.
Looks like negotiations with SoftBank might have failed?
My feelings are a little mixed on the issue. I look forward to getting better indoor coverage but this spectrum only covers certain markets and is known for interference issues. It seems like T-Mo is taking Verizon's bait due to the 600Mhz auction being delayed. Seems like a band-aid to me
I still like how this is ruffling Sprint fanboys feathers though. Got plenty of laughs reading the posts over at s4gru this morning.
Here's to another chapter in the ongoing saga that is known as T-Mobile. The oddball...